Blackstone Co-Founder To Receive Hedge Fund Philanthropy Award

New York (HedgeCo.net) – 100 Women in Hedge Funds (100WHF), has named Blackstone Group co-founder, Peter G. Peterson as the recipient of its 2011 Effecting Change Award to be presented at the annual New York Gala to be held at Cipriani 42nd Street on November 16, 2011.

Peterson, who is also Chairman Emeritus and Founder of the Peter G. Peterson Foundation, will be presented this award in recognition of his work as an active philanthropist. He has pledged $1 billion to his Foundation, which works to increase public awareness of the nature and urgency of key long-term fiscal challenges threatening America’s future and to accelerate action on them.